Sentences with phrase «average social security check»

That is quite a nice amount, especially if your mortgage is paid off, and with the average social security check of $ 1,200, you would be looking at a $ 4,500 monthly income.

The average social security check is inadequate to even cover the most basic of expenses for the average senior citizen.

Not exact matches

In contrast, those who wait until age 70 to enroll are rewarded with a 32 % increase in the total monthly payment they qualify for at their full retirement age.1, 2 Today, the average monthly social security check is $ 1,404.3 If an individual was eligible to receive the average monthly payment amount at their full retirement age but they enrolled at age 62, they would only receive $ 1,053 per month.

The nearly 42 million retired workers collecting a monthly check from Social Security receive an average payment of $ 1,368.67, or about $ 16,424 per year.

It more than doubles the average monthly full retirement check from Social Security — a $ 2,639 check versus $ 6,351 in debt.

One downside for retirees: The average Social Security retirement check received by folks living in Albuquerque is $ 1,227.11.

And, the typical Social Security retirement check here is above the national average, at $ 1,343.51.

As of 2017 the average monthly Social Security benefit check is $ 1,368.67.

What we do know is that the average monthly retirement check was only $ 1,369 in June 2017, according to the Social Security Administration — and that's not much.

The average monthly Social Security check is $ 1,354 as of 2016.

The average retiree's check is $ 1,230 according to the Social Security Administration.

Those people obviously are counting on Social Security, but their average monthly Social Security check is just $ 1,335 per month or $ 16,020 a year.

Meanwhile, the average monthly Social Security check is $ 1,404, and more than 40 percent of single adults receive more than 90 percent of their income from Social Security alone, according to government data.